Taylor Wimpey PLC Director/PDMR Shareholding (6587A)

TIDMTW.

RNS Number : 6587A

Taylor Wimpey PLC

27 March 2017

Taylor Wimpey plc

27 March 2017

Taylor Wimpey plc

Notification of transactions by persons discharging managerial responsibilities:

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------------------- 
 a)   Name 
                                              1. Peter Redfern 
                                              2. Ryan Mangold 
                                              3. James Jordan 
---  -------------------------  ---------------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------------- 
 a)   Position/status                       1. Chief Executive 
                                             2. Group Finance Director 
                                             3. Group Legal Director and 
                                             Company Secretary 
---  -------------------------  ---------------------------------------- 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  ---------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ------------------------------------------------------------------- 
 a)   Name                       Taylor Wimpey plc 
---  -------------------------  ---------------------------------------- 
 b)   LEI                        21380089BTRXTD8S3R66 
---  -------------------------  ---------------------------------------- 
 4    Details of the transaction(s): section to 
       be repeated for (i) each type of instrument; 
       (ii) each type of transaction; (iii) each 
       date; and (iv) each place where transactions 
       have been conducted 
---  ------------------------------------------------------------------- 
      Transaction 1 
---  ------------------------------------------------------------------- 
 a)   Description of             Ordinary shares of 1 pence 
       the financial              each 
       instrument, type 
       of instrument 
 
       Identification             GB0008782301 
       code 
---  -------------------------  ---------------------------------------- 
 b)   Nature of the              Exercise of option and acquisition 
       transaction                of shares following the expiry 
                                  of the three year qualifying 
                                  period applicable to the 
                                  2014 deferral of the 2013 
                                  cash bonus award, including 
                                  DRIP dividend shares added 
                                  during the three year qualifying 
                                  period, pursuant to the rules 
                                  of the Taylor Wimpey 2008 
                                  Executive Incentive Plan. 
---  -------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                   ---------  ----------------------- 
 
                                    Nil                   1. 337,760 
                                                           2. 155,507 
                                                           3. 156,817 
                                   ---------  ----------------------- 
---  -------------------------  ---------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume         650,084 
 
 
       - Price                     Nil 
---  -------------------------  ---------------------------------------- 
 e)   Date of the transaction    27 March 2017 
---  -------------------------  ---------------------------------------- 
 f)   Place of the transaction   London Stock Exchange (XLON) 
---  -------------------------  ---------------------------------------- 
      Transaction 2 
---  ------------------------------------------------------------------- 
 a)   Description of             Ordinary shares of 1 pence 
       the financial              each 
       instrument, type 
       of instrument 
 
       Identification             GB0008782301 
       code 
---  -------------------------  ---------------------------------------- 
 b)   Nature of the              Sale of shares to meet tax 
       transaction                and commission charges (balance 
                                  shares retained) further 
                                  to the transaction described 
                                  in 4 (b) above 
---  -------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)       Volume(s) 
                                   -------------  ---------------------- 
 
                                    192.12 pence              1. 159,146 
                                                               2. 73,272 
                                                               3. 73,890 
                                   -------------  ---------------------- 
---  -------------------------  ---------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume         306,308 
 
 
       - Price                     192.12 pence 
---  -------------------------  ---------------------------------------- 
 e)   Date of the transaction    27 March 2017 
---  -------------------------  ---------------------------------------- 
 f)   Place of the transaction   London Stock Exchange (XLON) 
---  -------------------------  ---------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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March 27, 2017 11:24 ET (15:24 GMT)